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Entries from LAist tagged with 'close'

July 1, 2008

Starbucks CEO Howard Schultz's not-just-a-coffee-but-a-lifestyle plans for global domination continue to crumble. Best known for making coffee really expensive, Starbucks will close 600 "underperforming" stores and lay off 12,000 employees in the U.S. The company that over-franchised to the point of putting your favorite ma and pa coffeeshops out of business since 1971 is swimming in a hot brown sea of bad news. Recently Starbucks backed off its short-lived promise deliver good music and......

Continue Reading "Starbucks Roasted: 600 Stores to Close"

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